Posted on 11/14/2013 10:51:01 AM PST by Cincinatus' Wife
[Big SNIP]
Here's how Robert Laszewksi, an insurance consultant, put it in a note to clients earlier this morning:
This means that the insurance companies have 32 days to reprogram their computer systems for policies, rates, and eligibility, send notices to the policyholders via US Mail, send a very complex letter that describes just what the differences are between specific policies and Obamacare compliant plans, ask the consumer for their decision and give them a reasonable time to make that decision and then enter those decisions back into their systems without creating massive billing, claim payment, and provider eligibility list mistakes.
All by January 1.
There's also worry, among health policy wonks, that allowing people to stay on these plans will be bad for the new insurance marketplaces. Anyone who enrolls in one of these pre-Obamacare plans will be kept in a separate "risk pool," meaning that their premiums are set based on their smaller group. Everyone who buys an Obamacare-compliant plan is put in a different risk pool.
The concern here is that healthier people are more likely to stay in these pre-Obamacare plans; they're probably more okay with a skimpier benefit package. And that could drive up premiums in the new Obamacare markets. A short-term fix, in other words, could become a longer-term problem for the president's health-care law.
"This puts the insurance companies," Laszewski writes, "who have successfully complied with the law, in a hell of a mess."
(Excerpt) Read more at washingtonpost.com ...
” ....like stipulating to the contractor that he uses wood from a tree that only exists on planet Pandora.”
~~~~~~~~~~~
LOL. Even though EPA has already outlawed wood from other planets for guitar-making, prospective homeowner feels certain the Fed govt will grandfather an exemption for Pandora wood’s use in home construction.
IOW, If you want my business, take the risk.
Of course they won’t. Every failure of the five-year plan needs wreckers to take the blame, Obamacare is no different.
Yes, this is just more campaigning by the Dems for the LIV vote. Soon the MSM will pumping that Uncle Barry let them keep their plans but the evil insurance companies wouldn’t do it.
You missed one step. This is telling the contractor he has to re-build the house he just demolished.
Maybe the insurance companies shouldn’t have gotten in bed with a liberal lunatic SNAKE....who has never had a real job, EVER...
Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers, said Karen Ignani, president and chief executive of Americas Health Insurance Plans. Premiums have already been set for next year based on an assumption of when consumers will be transitioning to the new marketplace. If now fewer younger and healthier people choose to purchase coverage in the exchange, premiums will increase and there will be fewer choices for consumers.
WITH the materials that the bulldozer just smashed and buried in a pit.
...everybody thinking "single payer" was the end game...
...it's just a means to an end...
So what happens if we had delayed, defunded or repealed Obamacare entirely in October? You’re saying we would still have had to comply with all the insurance changes next year because companies wouldn’t have time to change anything? Good thing we didn’t repeal then. It would’ve been a disaster for the Republicans since all these mandatory Obamacare changes would have happened anyway after the repeal and they’d get the blame.
All the while BamBam says bring it in under cost and ahead of schedule.
“Because I can think of six impossible things before breakfast and therefore, so can you!”
insurance commissioners in Democratic states, who understand the impact of fewer enrollees on the exchanges, can override the administration fix, and force people to move to exchanges.
Which is likely why the final arbiter in all of this IS the State Insurance Commissions. So, you have pinpointed a likely action from Insurance Commissioners in Dem States and in the Red States, the blame can go to the GOP Governors and legislatures for not setting up their own exchanges.
Insurance companies, Insurance Commissioners and the GOP....it’s a threefer and zer0 skates off scott-free.
As I have said many times before regarding ANYTHING that Obama has done, he said that he would “build a new foundation”. That means you need to tear out the old foundation. From the context of that speech (excerpt below) you can see the communistic flow of it. He means to tear down the very Foundation of this country including our Constitutional rights, the checks and balances of government, and the free market that our economy is based on. Another step of tearing down the free market is bringing government control to 1/6 of our economy (health care). But it is just ONE step.
Remarks of President Barack Obama Address to Joint Session of Congress, Feb. 24th, 2009
“Now, if were honest with ourselves, well admit that for too long, we have not always met these responsibilities.... The fact is, our economy did not fall into decline overnight....In other words, we have lived through an era where too often, short-term gains were prized over long-term prosperity; where we failed to look beyond the next payment, the next quarter, or the next election. A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future...
Well that day of reckoning has arrived, and the time to take charge of our future is here. Now is the time to act boldly and wisely to not only revive this economy,
.
.
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but to BUILD A NEW FOUNDATION FOR LASTING PROSPERITY.”
Right. I know in Massachusetts, and probably true in most other states, that health insurance premiums need to be approved by the regulatory body for the following year by October 1 which is a drop dead date for an insurer to get premiums and eligibility rules into the system and tested by Jan. 1.
I'm thinking Obama knows this but is looking for anything to get him off the dime of this train wreck.
One look at this graphic and you know why Obamacare is unfixable.
http://www.ivoteconservative.com/DOWNLOAD/Obamacare_Chart.pdf
“...another step...”
Reminds me of an old document from 1776:
“But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States....”
The wiring diagram on the 1985 Ford LTD I once had was much less complex, and I gave up on it long before I traced the bug in the radio connections (battery kept going dead).
Ended up sending the car to a crusher.
That is a very accurate and succinct view of his mind IMO.
The Incredible Eight Year Old Man!
>> “This puts the insurance companies,” Laszewski writes, “who have successfully complied with the law, in a hell of a mess.”
Since the Citizens United lawsuit was decided in favor of corporations by the Supreme Court, insurance companies are free to run hard-hitting issue ads that spell out just exactly where the blame for this debacle belongs.
Right before the midterm elections, if they so choose.
I hope they take advantage of this powerful tool.
the 20th and probably the most dangerous. Now we’re all going down.
He's what I'd do to save the situation. Offer a catastrophic-only policy that is considered Obamacare compliant. Let people choose however high a deductible as they want, but with restrictions about changing that deductible downward in the future. It puts risk vs reward back in the equation. Some people will make bad decisions; that's life.
People who lost their insurance could get this policy and insurance companies would be free to write new policies for the other stuff. People would choose which coverages they want, and the insurance companies would set the prices. Some things will of course be uninsurable (like birth control pills) because that isn't a risk thing....it's an expense. It could be cost-managed if someone chose a pharmaceutical coverage policy.
The thing is, with these conditions a lot of people would get a "full coverage" package if it's a choice. Effective advertising combined with scare tactics would take care of breaking resistance, if people are choosing instead of being told what to do.
But this mess? I'm disgusted with just about everyone except Ted Cruz. There have to be others in the HOR and Senate smart enough to have known why this can't work. Instead, they're still playing political games.
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